584A Bruxner Highway, South Gundurimba NSW 2480

5-bed rural holding | 28-30 ha flood overlay | circa-1920 character | Lismore catchment This property’s competitive strength lies in its rare combination of substantial land area and period character within commuting distance of Lismore. The 28-hectare block, while carrying a flood overlay, offers genuine rural utility for buyers seeking space, privacy, or small-scale agricultural use—features increasingly scarce in this corridor. The 1920s homestead, with multiple bedrooms and ensuite, provides immediate livability without requiring a full rebuild, which positions it well for families or tree-changers who value established infrastructure over raw land. The fixed wireless NBN supports remote work, reducing the trade-off for buyers leaving urban centres. The flood overlay is the material risk: it constrains financing options, raises insurance premiums, and limits future subdivision potential. Buyers must factor these holding costs into their budget and confirm lender appetite early. The inconsistent bedroom and bathroom counts across listings suggest the property may have been modified or poorly advertised—due diligence on actual layout is essential. For a buyer prepared to accept the flood limitation, this property offers land value at approximately $51,800 per hectare, which is competitive for the area. Hold it as a lifestyle block or light agri-holding; do not expect capital appreciation tied to subdivision.